Problem w/ DCOM Server Process Launcher service

While troubleshooting another problem, they never seem to end. I noticed that the 'DCOM Server Process Launcher' service is in a 'Starting' mode or state, not 'Started' but 'Starting, meaning it never really gets started.

The service 'Startup Type' is set to 'Automatic'

When I try to manually start the service I get the message:

Could not start the DCOM Server Process Launcher service on Local Computer. Error 1053: The service did not respond to the start or control request in a timely fashion.

I have set this service to 'Disabled', rebooted, reset service to 'Automatic', as well as 'Manual', and tried to start the service, I get the same error.

What I would like to know is,

1. How important is this service, do I NEED it running?

2. If so, how do I make it start?

I am going to continue searching the web, but if anyone knows, please fire away.